-In Figure 29.1 the area that represents the total variable cost to the producer under monopoly is A)OP_PCCQ_PC B)OP_monopolyBQ_monopoly C)OFCQ_PC D)OFEQ_monopoly

Name: -In Figure 29.1 the area that represents the total variable cost to the producer under monopoly is A)OP PC CQ PC B)OP monopoly BQ monopoly C)OFCQ PC D)OFEQ monopoly
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The total variable cost under monopoly is represented by the area under the marginal cost curve up to the quantity produced by the monopoly, which is O to E to Q_monopoly.